Five Indian brands in top 100 global powers of luxury goods list

Five Indian brands are in the top 100 global powers of luxury goods list with Tata group firm moving up three places to rank 22nd and being among the 20 fastest-growing luxury goods companies, according to a Deloitte report. Four other homegrown brands, Kalyan Jewellers, Joyalukkas, PC Jewellers, and Tribhovandas Bhimji Zaveri Ltd, have been…Continue Reading

Metro Brands raises Rs 410 cr from anchor investors ahead of IPO

SynopsisThe company has allotted 82.05 lakh equity shares to anchor investors at Rs 500 apiece, taking the total transaction size to Rs 410.25 crore, according to a BSE circular.AgenciesFootwear retailer Metro Brands Ltd, which is backed by ace investor Rakesh Jhunjhunwala, on Thursday said it has collected a little over Rs 410 crore from anchor…Continue Reading